Japan Software As A Service (saas) Market Size & Outlook
Japan software as a service (saas) market, 2018-2030 (US$M)
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Japan software as a service (saas) market highlights
- The Japan software as a service (saas) market generated a revenue of USD 8.6 million in 2023 and is expected to reach USD 22.7 million by 2030.
- The Japan market is expected to grow at a CAGR of 14.8% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Software as a service (saas) market data book summary
| Market revenue in 2023 | USD 8.6 million |
| Market revenue in 2030 | USD 22.7 million |
| Growth rate | 14.8% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Intel Corp, Broadcom Inc, Trend Micro Inc, Cisco Systems Inc, Zscaler Inc, Lookout, Radware Ltd, Adobe Inc, Microsoft Corp, Alibaba Group Holding Ltd ADR, International Business Machines Corp, Salesforce Inc, Oracle Corp, SAP SE, Rackspace Technology Inc Ordinary Shares, VMware, Atlassian Corp A, ServiceNow Inc |
Other key industry trends
- In terms of revenue, Japan accounted for 2.6% of the global software as a service (saas) market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China software as a service (saas) market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 37.3 million by 2030.
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Software As A Service (SaaS) Market Scope
Software As A Service (SaaS) Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan software as a service (saas) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to software as a service (saas) market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 86.05% in 2023. Horizon Databook has segmented the Japan software as a service (saas) market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Japan's Software as a Service (SaaS) market is considered to be mature due to the country's advanced technology infrastructure. The high penetration rate of cloud services in Japan is a vital element boosting the adoption of cloud-based services among different end users in the country.
The country is ranked second among the major markets for global cloud services. The country has one of the Asia Pacific region's most enduring and advanced markets for cloud services. Moreover, Japan has one of the foremost widespread broadband fiber deployments with the highest number of fiber users worldwide, significantly donating to the country's ranking.
Rising government investments in developing AI technology coupled with rising awareness amongst SMEs about the advantages of SaaS-based solutions have positively impacted the SaaS market growth. For instance, in September 2021, The Japanese government launched a new Digital Agency to promote the adoption of digital technologies across the country.
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Target buyers of Japan software as a service (saas) market databook
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Our clientele includes a mix of software as a service (saas) market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan software as a service (saas) market , including forecasts for subscribers. This country databook contains high-level insights into Japan software as a service (saas) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan software as a service (saas) market size, by component, 2018-2030 (US$M)
Japan Software As A Service (SaaS) Market Outlook Share, 2023 & 2030 (US$M)
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